CBD product manufacturers Charlotte’s Web Holdings, Inc. and Infinite Product Company, LLC, better known as Infinite CBD, are named as defendants in class action lawsuits filed in the Northern District of California.
Top news this morning with Federal Regulators relaxing hemp banking protocols. Federal financial regulatory agencies announced that banks no longer have to take extra steps to accept accounts for hemp-related companies.
While this is great news, banks like Wachovia are still in a cautionary mode
Folium Biosciences buying marijuana, stock hiking, lawsuits, cutting corners, sidestepping regulatory requirements & strong-arm tactics. This is just the tip of what we found out. We investigated Folium and found a history of sexism and racial discrimination.
Senators Ron Wyden (D-OR) and Jeff Merkley (D-OR) sent a letter to the head of the U.S. Department of Agriculture (USDA) asking for a series of changes to the draft of the hemp regulations that the department released last month.
The U.S. Food and Drug Administration issued warning letters to 15 companies for illegally selling products containing cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act (FD&C Act).